Tax strategies

Clients could end up having to pay back the money next filing season.

The White House reiterated its opposition to indexing the gasoline tax to inflation to help pay for an infrastructure plan.

The legislation would require standardized metrics and disclosures of environmental, social and governance measures by companies.

The Treasury secretary suggested that if Congress were to pass a capital-gains tax hike effective starting in April 2021, that wouldn’t count as a retroactive increase.

Everlance launches a business reimbursement solution, Corvee debuts a tax planning webinar series, and SignEasy integrates e-signatures with Google Sheets.

Representative Tom Suozzi, one of the leaders in Congress behind the push for an expansion of the state and local tax deduction, is considering proposing a one-time wealth tax on the richest Americans.

The debate over how to pay for the nation’s roads, bridges and transit systems is leading some normally anti-tax Republicans to embrace higher levies on motorists.

The proposal calls for $579 billion in net new spending beyond outlays that Congress was already expected to enact.

Republican and Democratic senators said they’re open to considering the first change in the national gasoline tax since 1993 to help fund a bipartisan infrastructure spending package.

The proposed changes are worrying investors and their tax advisors, especially the possibility of making them retroactive.

An in-depth look at the Biden administration's tax plans for the next year.

Big tech and other industries that have bunkered down in Europe’s tax havens are unlikely to shift their bases under the proposed global minimum tax regime.

Even with a 15-year window to pay taxes, a near-doubling of the capital gains rate and the elimination of the step-up in basis loophole will make a sale expensive.

Some of the world’s most powerful heads of state will meet in England later this week to confer on the biggest issues facing humanity.

A tax deal between the world’s richest countries brings global governments a step closer to clawing back some power from technology giants that have used century-old regimes to build up wealth eclipsing the economies of most nations.

Sen. Ron Wyden has questions about why the company consistently loses money in the U.S. and doesn’t pay more in taxes.

This week’s finance ministers’ meeting may help lead to a broader deal in July or October.

Private wealth clients, hedge fund managers and cryptocurrency traders fleeing to Puerto Rico for its huge tax breaks — and to escape President Joe Biden’s proposed capital gains tax increases — are now the focus of a sweeping Internal Revenue Service review.

The so-called 1031 like-kind exchange rule was created a century ago to aid family farmers.

Financial planning clients need to start preparing for potential legislative upheavals now.